The 2024 federal budget, tabled today, promises several benefits for Canadian farmers.
Technology
Federal budget promises lower costs, interest relief for farmers
Budget 2024 will see approximately $52 billion spent over five years
Feds fund agriculture and food processing robotics projects
The federal government pledged up to $5 million in funding for agriculture and food-processing robotics on Friday in hopes of addressing ongoing workforce challenges.
Teasing out the social angle of sustainable ag research
Recently funded network to bring together social scientists, agriculture and community groups
The federal government pledged the cash March 19 to launch the Common Ground Canada Network. The initiative will be led by Dalhousie University’s Karen Foster, Canada research chair in sustainable rural futures for Atlantic Canada.
Feds spend $97 million on agricultural clean tech projects
Cash splashed on 162 projects including grain dryers and solar panels
The federal government today announced some $97 million in funding for farms and agri-businesses to adopt cleaner technologies like more efficient grain dryers, solar power and precision agriculture technology.
Alberta to ban renewables projects on prime agricultural land
Rules could create a backdoor land ban, analyst says
Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views, the provincial government said on Wednesday.
The ‘Ozempic effect’ could cut world food consumption: report
AI and the end of free water among food marketer's trends to watch
Will calorie consumption decline in the future thanks--in part--to a viral weight-loss drug? A recent food trend report suggests it could.
Canadian company offers new tech to identify illness and minimize labour
This Calgary-based company wants to bring technology to the ranch that cuts labour and costs, while improving animal health
Jack Behan combined his company, Alpha Phenomics, with HerdWhistle in 2023, for a clear reason. “When we put the businesses together, we only had one thing in mind, which was global domination,” he says. HerdWhistle was started in 2019 to monitor the feeding and drinking of an entire feedlot, 24/7. Using ultra high-frequency (UHF) and […] Read more
Farmers Edge owner Fairfax Financial shorted on alleged asset manipulation
Short seller's report doesn't describe nefarious accounting tactics, only potentially aggressive valuation marks, bank says
Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial, which owns the majority share in Farmers Edge, alleging manipulation in the insurer's asset values.
Feds plan to invest in processing projects
The money comes from a fund earmarked to help supply managed sectors hurt by trade deal
The federal government will invest $89 million in 49 processing projects in the supply managed sector. Agriculture minister Lawrence MacAulay was in Ingleside, Ont., at the Lactalis Canada cheese plant to make the Feb. 5 announcement. The projects are through the six-year, $397.5-million Supply Management Processing Investment Fund, which is part of Ottawa's commitment to help sectors that lost market share due to trade agreements.
“Animal-free” milk gets green light in Canada
Company touts synthetic dairy as more environmentally friendly, healthy
In a news release today, Israeli startup Remilk, which uses the tagline "Real Dairy. No Milk," announced it had received a 'No Objection Letter' from Health Canada. This will "open the door for use of Remilk's protein in a variety of products with the same taste and texture as milk, ice cream, yogurt, cream cheese, and more," the company said.
Canadian Cattlemen Presents: Depth of Field
